Student Housing Business

MAY-JUN 2018

Student Housing Business is the voice of the student housing industry.

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May/June 2018 StudentHousingBusiness.com 74 INTERFACE CONFERENCE Growth, High Investor Interest Highlighted at InterFace Student Housing By Katie Sloan A Almost 1,300 leaders from across all facets of the student housing industry came together in Austin in April for the 10th annual InterFace Student Housing conference, held at the JW Marriott. The conference included two and a half days of networking and panel sessions on a range of topics from the state of student housing investment and development, to trends in leas- ing, management, finance, architecture, and technology. If there is one takeaway from this year's conference, it is that the industry is as robust as ever. Institutional capital continues to flood into the space, rental rates are on the rise and demand for new supply continues to be seen. The conference kicked off on Wednesday, April 4, with the 7th annual SHB Open Golf Outing at the Fazio Canyons course at Barton Creek Resort & Spa, and then transitioned over to the fourth floor of the JW Marriott Austin, where a record-breaking number of attendees met to network and renew and/or build new relationships. The afternoon began with the popular Speed Networking session, where attendees par- ticipated in short, four-minute conversations designed to spur discussion and foster new relationships. The group then moved into 26 InterFace+ Info Roundtables on topics ranging from suc- cessfully implementing mixed-use at Tier 2 and 3 schools, a capital markets update, and best practices for housing international stu- dents. The evening culminated with a net- working cocktail reception for attendees and more than 70 exhibitors. Thursday kicked off with a networking breakfast and workshop on safeguarding and growing NOI through pro-active expense management. That was followed by the "The Power Panel." This session brought together a consortium of CEOs from the industry's top companies to discuss their perspectives on industry trends, capital market shifts, and the future of the sector, among other topics. "There has never been a more intriguing time to be in the sector," began moderator Peter Katz, executive director of Institutional Property Advisors. "The vast majority of the industry is showing significantly solid year- over-year NOI growth, coupled with institu- tional and private capital flooding into the space. The quality of the product and the performance of the industry stands on its own among other real estate sectors." "Being the 10th anniversary of this confer- ence, and thinking about all of the conver- Top left: Student Housing Business Publisher and InterFace Conference Group SVP Rich Kelley welcomes everyone to the 10th annual InterFace Student Housing conference. Above: Walker & Dunlop's Will Baker listens as PNC Real Estate's Ryan Welsh makes a point during the "Capital Markets Update" panel. Student Housing Business Editor Randy Shearin presents American Campus Communities' Jaime Wilhelm with one of ACC's five Innovator Awards. TSB Capital Advisors' Tim Bradley looks on while Core Spaces' Marc Lifshin answers a question during the "State of the Industry" luncheon panel. Greystar's Michelle Fuller-Wilson answering a question about how to manage and operate properties with aggressive pro formas during the "Walking the Tightrope" panel. Julie Bonnin of Asset Campus Housing and Derrick Milam of Vie Management discussed what to do if delivering new product into a saturated market during the "Over-Developed Markets" discussion.

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